NetworkNewsBreaks – Nordstrom, Inc. (NYSE: JWN) Featured in Analysis Report
Nordstrom (NYSE: JWN) was featured in an analysis report highlighting the company’s performance ahead of it recently reported financial results for the second quarter of 2020. The report, written by LikeFolio Founder Andy Swan, reads, “Nordstrom's Anniversary sale is typically a predictive indicator for the company's future performance. This year, the event was shifted from July to August. This means the 2019 anniversary sale occurred in 19Q2, and the 2020 anniversary sale is currently underway in 20Q3. So far, Nordstrom Anniversary Sales Purchase Intent mentions are 22% lower YoY. This timing shift and COVID-related store closures paint an unusual picture…







